Participated · Seed · Oct 2025

Rhuna supplies a programmable, wallet-native layer that unifies checkout, POS, ticketing, access control, loyalty, identity, and real-time stablecoin settlement for the entertainment industry. Its platform acts as a universal entertainment pass, giving operators verifiable, on-chain oversight while delivering users a Web2-smooth experience backed by Web3 security. The company has already supported more than 2 million users across pilot deployments and processed over US$90 million in payment volume. Rhuna’s rails have powered 165+ events and festivals—including the UNTOLD music festival where 450,000 attendees transacted through Rhuna—demonstrating global scalability. Current customers span venues, aquaparks, theme parks, and mobility partners across multiple continents. Fresh capital will bolster its payments and settlement infrastructure, widen POS, ticketing, and mobility integrations, and accelerate the rollout of a consumer app for discovery, access, and wallet-native checkout. Looking ahead, Rhuna plans additional high-profile deployments in Asia, Europe, and North America before year-end, positioning itself as the financial layer for entertainment’s transition to stablecoin-based commerce.

Participated · Seed · Aug 2025

Doppler Finance develops an infrastructure platform that enables companies to convert real-world assets into blockchain-based tokens, enhancing liquidity and transparency. The product supports multiple blockchains and is built with a strong focus on regulatory compliance, positioning the company to serve institutional clients. Doppler intends to launch an enterprise-grade tokenization API by Q2 2025, giving corporations a streamlined method to issue and manage on-chain assets. The firm also plans to expand into Asian markets by Q4 2025 to capture demand in rapidly growing crypto hubs. Proceeds from its recent financing will be used to hire engineering talent, advance compliance efforts, and drive business development. Although the company has not yet disclosed revenue or user metrics, the fresh capital marks a significant step toward scaling its tokenization infrastructure.

Participated · Equity · Feb 2025

Olas is an original AI agent platform (since 2021) that enables autonomous, user-owned AI agents across multiple blockchains. Its core stack includes the Olas Stack for developers and the Olas Protocol to incentivize agent creation and co-ownership, and it recently launched Pearl, described as the world’s first agent app store. Pearl is a desktop app that lets users choose, launch, and fully own AI agents on-chain for use cases like autonomous social media accounts and DeFi trading. Olas reports material traction: agents process over 700,000 transactions monthly (growing ~30% month-over-month) and the platform has facilitated over 3.5 million transactions across nine blockchains, with 2+ million agent-to-agent transactions. The project also introduced Olas Staking with a Proof of Active Agent mechanism to reward useful agent activity. To attract builders it launched an Accelerator offering up to $1M in grants (individual teams can receive up to $100,000 plus OLAS tokens) to develop agents for Pearl.

Participated · Seed · Jan 2025

Rena Labs is building the first TEE (Trusted Execution Environment) abstraction middleware to enable verifiable on-chain AI and support secure, privacy-preserving AI apps. Its core product, branded TrustEE, provides an abstraction stack intended to make AI systems auditable and trustless for developers and end users. Targeted high-impact applications include a Market-Making Integrity Dashboard, Private Order Execution for DEXs, fully autonomous AI agents for on-chain gaming, and private data sales in DePIN. The company says its initiatives span multimodal LLMs, autonomous agents, DeFi protocols, and social and gaming applications. Rena Labs plans to use newly raised capital to accelerate TrustEE development, expand its team with top developers and experts, and foster user education and community engagement. Its core team includes Princeton and MIT PhDs. Financially, the company closed a $3.3 million pre-seed round to fund these efforts.

Participated · Seed · Nov 2023

Rho Labs develops Rho Protocol, marketed as the world’s first cryptonative rates exchange. The platform aggregates perpetual future funding, staking, and lending rates into a single, highly capital-efficient marketplace, turning perpetual funding into a liquid tradable asset class. Rho enables leveraged trading, basis trading, and enhanced yield strategies and is positioned to serve institutions as well as ETF and stablecoin issuers. Since its beta launch in June last year, the protocol has facilitated over $7 billion of notional volume. The company plans to use the new funding to expand platform capabilities and to build a robust, reliable rates market for the blockchain ecosystem and RWA future-readiness. Funding was led by CoinFund with participation from Auros, Flow Traders and existing investors including Speedinvest. Rho Labs, led by founder and CEO Alex Ryvkin, builds Rho Protocol, an on-chain, non-custodial interest rate futures and swaps market. The protocol enables on-chain rates trading via a proprietary concentrated-liquidity virtual AMM (vAMM) and a margin engine. It allows users to trade rates such as staking rewards and perpetual funding rates 24/7, free of counterparty risk and with extreme capital efficiency. The company aims to create a capital-efficient market for crypto-specific rates, including staking, digital asset lending, and funding rates, to serve institutional crypto traders. Rho Labs plans to use the $2.2M pre-seed to expand operations and business reach and will launch a private beta of its market on Arbitrum with select global trading partners later this year. The company is based in London, UK.